NiftyNoon's Weekly Recap | Crypto Market Insights & Signals

Tether's $344M Freeze, NY AG vs. Prediction Market, & $292M KelpDAO Heist

The third week of April 2026 was volatile for DeFi, featuring a $292 million Kelp DAO bridge exploit causing a $13 billion TVL drop. Concurrently, Tether froze $344 million USDT, and New York sued Coinbase and Gemini regarding prediction markets.

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